Molopo Announces Appointment of New North American Director

Molopo Energy Limited (ASX:MPO) is pleased to announce that effective
immediately, Mr. Jeffrey E. Schwarz has been appointed as an independent,
non-Executive Director.


Mr. Schwarz is a Senior Advisor to Metropolitan Capital Advisors, Inc. ("MCA"),
a New York-based investment management firm, which he co-founded in 1992. He has
more than thirty years of experience in funds management employing value and
event investing strategies. From its inception until 2012, Mr. Schwarz served as
Chief Investment Officer of MCA, during which time he directed the commitment of
significant capital to the energy sector. He holds degrees from the University
of Pennsylvania's Wharton School (summa cum laude graduate with a B.S. in
Economics; and an MBA with a concentration in Finance).


In making the announcement, Molopo Chairman Greg Lewin commented, "We are very
pleased to welcome Jeffrey to the Board of Directors of Molopo. He brings direct
knowledge of private and public financing markets as well as valuable insights
into the North American energy industry. We are looking forward to Jeffrey's
contributions as we continue to explore alternatives to unlock Molopo's value
for shareholders."


This press release contains certain forward-looking statements. These statements
relate to future events or future performance of the Company. When used in this
press release, the words "may", "would", "could", "will", "intend", "plan",
"anticipate", "believe", "estimate", "predict", "seek", "propose", "expect",
"potential", "continue", and similar expressions, are intended to identify
forward-looking statements. These statements involve known and unknown risks,
uncertainties, and other factors that may cause actual results or events to
differ materially from those anticipated in such forward-looking statements.
Such statements reflect the Company's current views with respect to certain
events, and are subject to a number of risks, uncertainties and assumptions.
Many factors could cause Molopo's actual results, performance, or achievements
to materially differ from those described in this press release. Should one or
more of these risks or uncertainties materialize, or should assumptions
underlying forward-looking statements prove incorrect, actual results may vary
materially from those described in other public disclosures made by the Company
or this press release as intended, planned, anticipated, believed, estimated, or
expected. Furthermore, statements relating to "reserves" or "resources" are
deemed to be forward-looking statements, as they involve the implied assessment,
based on certain estimates and assumptions that the resources and reserves
described can be produced profitably in the future. The forward-looking
statements contained in this press release are expressly qualified in their
entirety by this cautionary declaration. These statements speak only as of the
date of this press release. The Company does not intend and does not assume any
obligation, to update these forward-looking statements to reflect new
information, subsequent events or otherwise, except as required by law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Molopo Energy Limited
Greg Lewin
Chairman
+ 61 3 9618 8722


Molopo Energy Limited
Steve Cloutier
CEO
+1.403.648.3594


Molopo Energy Limited
Cindy Gray
VP Capital Markets
+1.403.648.8026 or + 61 3 9618 8722 (Australia local)
[e-mail]
www.molopo.com.au